This chemical is primarily utilized in the synthesis of advanced materials, particularly in the development of organic semiconductors and conductive polymers. Its structure makes it a valuable building block for creating molecules with specific electronic properties, which are essential in the production of organic light-emitting diodes (OLEDs) and photovoltaic cells. Additionally, it serves as a precursor in the preparation of high-performance polymers and resins, which are used in coatings, adhesives, and composite materials. Its role in the creation of thermally stable and chemically resistant materials also makes it suitable for applications in the aerospace and automotive industries. Furthermore, it is employed in research and development for designing novel organic compounds with potential applications in optoelectronics and molecular electronics.